Daraunda is a town in Siwan district, Bihar (PIN 841233). This article covers the Bihar Gramin Bank, Daraunda branch and its electronic payment identifiers. When you transfer money using NEFT, RTGS or IMPS you must provide the correct IFSC code so the sender’s bank can route funds to the exact branch. A wrong or revoked IFSC delays the transfer or may return funds, so confirm the code before initiating transactions.
Branch Details
| Bank Name | Bihar Gramin Bank |
| Branch Name | Daraunda |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 100643 |
| Branch Address | Daraunda, SIWAN, 841233, 9297954434 |
| Contact Number | 9297954434 |
| City | SIWAN |
| District | SIWAN |
| Reason | SIWAN |
| Pincode | 841233 |
| State | Bihar |
Merger Update
Important: Punjab National Bank has consolidated certain rural banks and their IFSC codes. If this Daraunda branch was earlier part of Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB), note that both banks have been merged and now transact under the single IFSC PUNB0MBGB06 mapped to Punjab National Bank. Old UBGB IFSC codes have been revoked. For all electronic transfers you must use the new IFSC PUNB0MBGB06; legacy UBGB/DBGB IFSCs are no longer valid for live transactions.
What is IFSC Code?
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to route electronic payments to bank branches. The structure is fixed:
- First 4 characters = bank identifier (example: PUNB = Punjab National Bank).
- 5th character = reserved and is always ‘0’ (zero).
- Last 6 characters = branch identifier (can be letters and digits; example: MBGB06 in PUNB0MBGB06).
The IFSC is different from the MICR code. MICR (9 digits) is used for cheque clearing; IFSC is for electronic funds transfer.
How to Use IFSC Code
Steps for NEFT, RTGS and IMPS transfers from online banking or mobile app:
- Open the fund transfer or beneficiary management section of your bank’s app or netbanking.
- Choose the transfer type: NEFT, RTGS or IMPS. (RTGS is normally for high-value transfers; banks typically set a minimum around ₹2,00,000 for RTGS.)
- Add a beneficiary if not already added. Enter beneficiary name, bank name (Bihar Gramin Bank / Punjab National Bank routing if applicable), account number and the IFSC PUNB0MBGB06.
- Verify the branch details that appear after entering IFSC (city/district). Confirm they match Daraunda, Siwan.
- Enter the amount and purpose. Check applicable transfer limits and charges shown by your bank.
- Confirm and authenticate (OTP / UPI PIN / netbanking password). The bank will route the payment using the IFSC to reach the specified branch account.
Tip: Do a small-value test transfer for a new beneficiary to confirm details before sending large amounts.
Benefits of Knowing the IFSC
- Accurate routing: Ensures funds reach the correct branch without manual intervention.
- Faster settlements: NEFT/RTGS/IMPS use IFSC to process transfers efficiently and reduce errors.
- Convenient beneficiary setup: You can add beneficiaries online quickly when you have the IFSC and account number.
- Better verification: IFSC lets you confirm branch city/district shown by your bank before approving a transfer.
- Useful for electronic mandates, standing instructions and tax or salary credits requiring branch identification.
Contact
Branch Phone No: 9297954434
Branch Address: Daraunda, SIWAN, 841233
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free No: 18001807777
FAQs
- Q: Is PUNB0MBGB06 the correct code to use for Daraunda branch?
A: Yes. The IFSC listed for Bihar Gramin Bank, Daraunda branch is PUNB0MBGB06. Use it for NEFT, RTGS and IMPS transactions.
- Q: What if I use an old UBGB IFSC by mistake?
A: Old UBGB IFSC codes have been revoked after the merger consolidation. Transactions using revoked codes will fail or return; always use the current IFSC PUNB0MBGB06.
- Q: How is IFSC different from MICR?
A: IFSC (11 characters) routes electronic transfers. MICR (9 digits) is used for cheque clearing and processing by the cheque-truncation system.
- Q: Can I use IFSC alone to transfer funds?
A: No. You need the beneficiary’s account number, name (exact as bank records) and IFSC. Some banks also require branch address or purpose, but IFSC plus account number is mandatory.
- Q: How to verify the IFSC before sending money?
A: Verify from the beneficiary’s cheque leaf, passbook, bank branch, or the bank’s customer service. Confirm that the branch (Daraunda, Siwan) shown after entering IFSC in your bank’s app matches expected details.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.